PKO BP posts 21% profit surge
Over the nine months the bank posted earnings of zł.2.752 billion against zł.2.029 billion in 2007. "We were positively surprised with the interest result, which was better than anticipated, while the level of reserves was higher than forecasted," said Marek Juraś, head of analysts at DM BZ WBK.
According to Jerzy Pruski, president of PKO BP, the institution will try to maintain a high, double-digit growth of credit portfolio and thus he does not share the negative forecasts of other representatives of the sector.
"Even if the economic situation gets worse, then it will only be slight. We may witness greater limits on granting loans, but I do not expect a drop in demand in this segment. I anticipate that we shall boost market shares both in the segment of deposits as well as loans," said Pruski.
Sources: Rzeczpospolita, Parkiet (M.M.)
According to Jerzy Pruski, president of PKO BP, the institution will try to maintain a high, double-digit growth of credit portfolio and thus he does not share the negative forecasts of other representatives of the sector.
"Even if the economic situation gets worse, then it will only be slight. We may witness greater limits on granting loans, but I do not expect a drop in demand in this segment. I anticipate that we shall boost market shares both in the segment of deposits as well as loans," said Pruski.
Sources: Rzeczpospolita, Parkiet (M.M.)
